Hyzon Motors Stock Technical Analysis
HYZN Stock | USD 1.70 0.01 0.58% |
As of the 22nd of November, Hyzon Motors retains the Risk Adjusted Performance of (0.05), standard deviation of 8.21, and Market Risk Adjusted Performance of (0.80). Hyzon Motors technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.
Hyzon Motors Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Hyzon, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HyzonHyzon |
Hyzon Motors Analyst Consensus
Target Price | Advice | # of Analysts | |
3.0 | Buy | 1 | Odds |
Most Hyzon analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Hyzon stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Hyzon Motors, talking to its executives and customers, or listening to Hyzon conference calls.
Hyzon Motors technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Hyzon Motors Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Hyzon Motors volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Hyzon Motors Trend Analysis
Use this graph to draw trend lines for Hyzon Motors. You can use it to identify possible trend reversals for Hyzon Motors as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Hyzon Motors price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Hyzon Motors Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Hyzon Motors applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that Hyzon Motors market price will keep on failing further. It has 122 observation points and a regression sum of squares at 22.36, which is the sum of squared deviations for the predicted Hyzon Motors price change compared to its average price change.About Hyzon Motors Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Hyzon Motors on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Hyzon Motors based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Hyzon Motors price pattern first instead of the macroeconomic environment surrounding Hyzon Motors. By analyzing Hyzon Motors's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Hyzon Motors's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Hyzon Motors specific price patterns or momentum indicators. Please read more on our technical analysis page.
2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 831.98 | 3.0K | 3.2K | PTB Ratio | 62.46 | 83.82 | 79.63 |
Hyzon Motors November 22, 2024 Technical Indicators
Most technical analysis of Hyzon help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Hyzon from various momentum indicators to cycle indicators. When you analyze Hyzon charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | (0.05) | |||
Market Risk Adjusted Performance | (0.80) | |||
Mean Deviation | 5.4 | |||
Coefficient Of Variation | (1,349) | |||
Standard Deviation | 8.21 | |||
Variance | 67.33 | |||
Information Ratio | (0.09) | |||
Jensen Alpha | (0.69) | |||
Total Risk Alpha | (1.69) | |||
Treynor Ratio | (0.81) | |||
Maximum Drawdown | 47.81 | |||
Value At Risk | (10.67) | |||
Potential Upside | 14.47 | |||
Skewness | 1.51 | |||
Kurtosis | 4.91 |
Hyzon Motors November 22, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Hyzon stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 6,777 | ||
Daily Balance Of Power | (0.11) | ||
Rate Of Daily Change | 0.99 | ||
Day Median Price | 1.69 | ||
Day Typical Price | 1.69 | ||
Price Action Indicator | 0.01 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hyzon Motors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. To learn how to invest in Hyzon Stock, please use our How to Invest in Hyzon Motors guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hyzon Motors. If investors know Hyzon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hyzon Motors listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (34.43) | Revenue Per Share 2.152 | Quarterly Revenue Growth (0.62) | Return On Assets (0.50) | Return On Equity (1.33) |
The market value of Hyzon Motors is measured differently than its book value, which is the value of Hyzon that is recorded on the company's balance sheet. Investors also form their own opinion of Hyzon Motors' value that differs from its market value or its book value, called intrinsic value, which is Hyzon Motors' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hyzon Motors' market value can be influenced by many factors that don't directly affect Hyzon Motors' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hyzon Motors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hyzon Motors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hyzon Motors' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.